Oakley Sees H2 Backlog Gains as Q2 Earnings Suffer…
After revising its second quarter sales and income guidance downward the previous week (BOSS_0429), Oakley reported last week that net income for the quarter fell 12.1% to $16.0 million, or 23 cents per diluted share, compared with $18.2 million, or 27 ce
Columbia Makes Moves to Get Outerwear Business Back in Line…
Columbia Sportswear continues to log double-digit gains in both net income and sales in the second quarter despite continued declined in the company’s Outerwear business. COLM looks to right the Outwear ship as it moves its Sportswear chief over to handl
The Accell Group Profits Jump 49% in Slow EU Market…
The Netherlands-based bicycle manufacturer, Accell Group reported that first half sales rose to €204.3 million ($251.2 mm), a 24% increase over the €165.3 million ($175.7 mm) reported in 2003…
Cloudveil Upgrades Logistics for Fall…
Cloudveil is getting ready for the fall season by inking two new strategic partnership deals and adding a new member to its sales force. The two new deals, one with Sojitz Corp. and the other with North Bay Distribution, are designed to improve infrastru
U.S. Remains Strong for Lafuma…
Lafuma reported this week that fiscal third quarter sales declined year on year by 0.5% to €45.6 million ($65.3 mm) compared to last year when the company posted sales of €50.9 million ($55.6 mm). International sales decreased in the third quarter as well
The Deckers Trifecta: All Three Brands Show Strong Gains …
Deckers beat all analyst expectations in the second quarter of 2004, exceeding the upper end of previously issued guidance by roughly 17%, while diluted earnings per share were 26.5% above Deckers expectations…
Timberland Continues Building Solid Global Business in Q2…
Timberland said its second quarter results reflected solid global growth in footwear, apparel, and accessories and continued progress in enhancing gross margins. The company acknowledged a tougher climate for outdoor-related product in the U.S. sporting
K2 Inc. Sees Mix of Organic and Acquired Growth in Q2; Europe Comes Together…
K2 continued its trend of double digit sales increases fueled by acquisitions and, with one exception, strong organic growth among its core brands. This combination boosted second quarter net income by 28.8% to $6.2 million. Total sales at K2 increased 25
Oakley CEO to Purchase 2 Million OO Shares
Oakley chairman and CEO Jim Jannard has advised the company that he intends to purchase up to two million shares of Oakley common stock from time to time in the open market, subject to market conditions. Jannard said that he believes OO stock to be underv
Huffy Notified of NYSE Non-Compliance
Huffy Corporation has received official notice from the New York Stock Exchange indicating that the Corporation has fallen below the Exchange's continued listing criteria as outlined in the NYSE Listed Company Manual. Huffy is now required to respon
Schutt Sports Partners on Program to Measure Concussion Risk
Schutt Sports and CogState Ltd., who creates computer-based tests measuring cognitive state, have announced that they will provide at no charge to 20,000 U.S. high schools and colleges an easy-to-use computer-based test that records a player’s cognitive s
Gravis Expands Management Team
Gravis Footwear announced key additions to its leadership team, with Gravis GM Brian Moore announcing that Anne-Marie Dacyshyn was promoted to Director of Product Marketing, Jason Heffron appointed as Director of Marketing Communications, and Gregg Duffy
Finish Line Issues Dividend, Announces Buyback and Moves to Indiana
The Finish Line Board of Directors has instituted a quarterly cash dividend program of $0.05 per share. The Board of Directors also authorized a new stock repurchase program to repurchase up to 2.5 million shares of Class A common stock, or approximately
Fortune Brands Sees 9.7% Q2 Sales Increase in Golf Division
Fortune Brands, Inc. reported that its The Acushnet Company golf business, which includes the Footjoy, Cobra, Titleist, and Pinnacle brands, saw second quarter sales increase 9.7% to $407.9 million from $371.8 million in the year-ago period. FO said the
ASICS First Half Sales Up 9.5%; Increases Market Share
ASICS America Corporation reported that sales for the first half of 2004 were $111.1 million, an increase of 9.5% over 2003. The company continues its focus on running, the largest segment of the athletic footwear industry, showing footwear sales increasi
